NOT LISTED FOR SALE

Estimated Value: $1,370,000 - $2,634,983

6 Beds
5 Baths
3,823 Sq Ft
$473/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $1,475,000 $386 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,091/month

96 Days on Market

Highlights

  • Bay Window
  • Security Gate
  • 2 Car Garage
  • Lafayette Elementary School Rated A

About This Home

As of November 2023

4230-4232 Balboa St is an extraordinary opportunity in the coveted Richmond district. Pride of ownership shines through in this 2-unit building with additional developed ground level space offering ADU potential. Unit 4230 is a spacious and well maintained 3BR/2BA tenant occupied flat with a living room, dining area, kitchen and ample closet space on the middle floor. Unit 4232 is a top floor 3BR/2BA tenant occupied flat with a similar floor plan. The ground floor features bonus quarters with high ceilings, a large family room, a flex room, wet bar and a full bath. There is a 2 car side by side garage with laundry, a storage closet beneath the front stairs and a generous sized lot. Located close to Ocean Beach, GGP, Lincoln Park, Land's End trail, Muni lines and Balboa/Clement/Geary shopping corridors.

Last Agent to Sell the Property

Calvin Kam

Compass License #01888090 Listed on: 07/06/2023

Compass

Last Buyer's Agent

Wayne Ho

KW Advisors License #01905918

KW Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,895

Year Built

  • Built in 1978

Lot Details

  • 3,185

Home Design

  • Duplex

Interior Spaces

  • 3,823 Sq Ft Home
  • Bay Window
  • Security Gate

Parking

  • 2 Car Garage
  • Garage Door Opener

Additional Features

  • 3,185 Sq Ft Lot
  • Separate Meters

Community Details

  • 2 Units
  • 2 Leased Units

Listing and Financial Details

  • Assessor Parcel Number 1586-040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,895

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: Flats
  • Property Condition: Original
  • Year Built: 1978
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 13
  • Price Per Square Foot: 385.82
  • Square Footage: 3823.00
  • Window Features: Bay Window(s)

Garage/Parking

  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Security Features: Security Gate
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 1586-040
  • Lot Features: Shape Regular
  • Lot Size Acres: 0.0731
  • Lot Size Sq Ft: 3185.00
  • Lot Size Units: SqFt
  • Price Per Acre: 20177838.58

Building Info

  • Number of Units Total: 2

Rental Info

  • Units Furnished: None

Multi Family

  • Gross Rent Multiplier: 22.78
  • Number Of3 Bedrooms Occupied: 2
  • Number of 3 Bedroom Units: 2
  • Number Of Units Leased: 2
  • Separate Meters: Electricity

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2024
Sold by
Wong Paul Tat Mau
Bought by
Paul Tat Mau Wong Revocable Trust and Wong
Current Estimated Value
$1,859,911

Purchase Details

Listed on
Jul 6, 2023
Closed on
Oct 30, 2023
Sold by
Lee Emery Gene
Bought by
Wong Paul Tat Mau
Seller's Agent
Calvin Kam
Compass
Buyer's Agent
Wayne Ho
KW Advisors
List Price
$1,650,000
Sold Price
$1,475,000
Premium/Discount to List
-$175,000
-10.61%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.96%
Original Mortgage
$725,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2021
Sold by
Lee Emery Gene and Woon And Fay Lee Family Trust
Bought by
Lee Emery Gene

Purchase Details

Closed on
Sep 16, 2018
Sold by
Lee Fay Yee Tom
Bought by
Lee Emery Gene

Purchase Details

Closed on
Jul 13, 2018
Sold by
Lee Fay Yee Tom
Bought by
Lee Fay Yee Tom

Purchase Details

Closed on
Nov 13, 2006
Sold by
Lee Emery Gene and Lee Woon Hing
Bought by
Lee Woon Hing and Lee Fay Yee Tom
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Paul Tat Mau Wong Revocable Trust -- None Listed On Document
Wong Paul Tat Mau $1,475,000 Fidelity National Title Compan
Lee Emery Gene -- None Available
Lee Emery Gene -- None Available
Lee Fay Yee Tom -- None Available
Lee Woon Hing -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paul Tat Mau Wong Revocable Tr $825,000
Previous Owner Wong Paul Tat Mau $725,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $1,475,000 +1.7% $386 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
10/03/2023 10/03/23 Price Changed $1,450,000 -3.3% $379 / Sq Ft
08/29/2023 08/29/23 Price Changed $1,500,000 -9.1% $392 / Sq Ft
07/06/2023 07/06/23 For Sale $1,650,000 -- $432 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,895 $861,282 $430,641 $430,641
2024 $10,895 $844,396 $422,198 $422,198
2023 $10,635 $827,840 $413,920 $413,920
2022 $10,411 $811,608 $405,804 $405,804
2021 $10,227 $795,696 $397,848 $397,848
2020 $10,383 $787,540 $393,770 $393,770
2019 $10,036 $772,100 $386,050 $386,050
2018 $9,696 $756,964 $378,482 $378,482
2017 $9,286 $742,124 $371,062 $371,062
2016 $9,116 $727,576 $363,788 $363,788
2015 $8,998 $716,648 $358,324 $358,324
2014 $8,765 $702,612 $351,306 $351,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 423753878

San Francisco Association of REALTORS® MLS

APN: 1586-040